GBPUSD - an important break of structure

Yesterday this pair broke the last resistance that keeps it from climbing to the 1.55s region.

As the RSI is highly overbought now, a retracement into the structure level is very likely, but if this level holds then a hike is very possible.

Pay close attention to the news today, there is important news for both GBP and USD and this rally might be accomplished before you know it. Personally I'm looking to go long between 1.5300 and 1.5320 with a stop loss below 1.5260. Potential profit is 180-200 pips.

Hit that like button if you agree and may the pips be with you !

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Hmmm, this time I think the price will go first to 1.5120 and after that -probably to the end of the day- it maybe will attemp to break out 1.5340 again to go upper and upper.... unless I am missing any fundamental... that's what I can read in my indicators and using a bit of harmonics.... Let's see the bet :D ! Good luck for you ! :)